Nigeria

After exploring digital naira for over two years, the Central Bank of Nigeria (CBN) may launch a pilot CBDC project by the end of 2021.

Data retrieved from Usefultulips shows that the usage of Bitcoin's peer to peer (P2P) trading in Nigeria surged by 27%.

A Nigerian Central Bank official said that there’s no ban on cryptocurrency trading, but the restrictions apply only to financial institutions.

According to data released by statistician Statista, Nigeria has become an important country in the adoption of Bitcoin and cryptocurrencies.

Following the recent ban on banks' servicing of crypto exchanges in Nigeria, Bitcoin's price in the country has spun out of control.

Nigeria’s securities regulator, the SEC has backed the central bank’s crypto ban by suspending its planned regulatory framework for digital assets.

Nigeria's central bank CBN has banned all commercial banks and financial institutions from providing account services to crypto exchanges.

The federal government of Nigeria is developing strategies for national blockchain adoption with the vision of creating a “Digital Nigeria.”  

Binance has launched a new cryptocurrency payments app called "Bundle" in Nigeria. Users can request, send, and receive cash or crypto from their peers.

In this article, we update you on major issues that pertains to how the coronavirus is affecting the economy of Nigeria, Africa's most populous nation.

Google searches for “Bitcoin” term are going through the roof in Africa wIth countries, such as Nigeria being reported to be the highest search rates.

The spokesperson of Nigerian House of Representatives, Femi Gbajabiamila, has called for adopting a legal framework for regulating cryptocurrencies.

While Nigeria Deposit Insurance Corporation warns about cryptocurrency use, an executive at the Research Department at the NDIC, Adikwu Igoche, has noted that cryptocurrencies were not authorized by the CBN. Therefore, they are not “insured by the NDIC.”

Ever since the introduction of forex in Nigeria, a lot of traders have embraced forex trading Yet, what is the impact of online Forex trading in Nigeria?

FXYear Founder Kelvin Emmanuel shares his local expertise, claiming that Nigeria Forex Brokers can get $10 million in deposits in a year's time. Marking a..

The naira experienced a vast fall against the dollar, in reaction the Nigerian central bank intervenes in a bid to halt the decline of the naira to record

Despite efforts from the Central bank to stabilize, Africa's biggest economy's currency continues to bleed as the nation's apex bank steps up efforts to stabilize the naira.

CBN loosens Forex trading restrictions? In the wake of the restrictions on foreign exchange trading, dealers have adopted several means to circumvent the...

As the inflated oil money disappears oil corruption in Nigeria and Azerbaijan struggles for the power.